Nebari terms can be incredibly favorable to the lender and they...

Nebari terms can be incredibly favorable to the lender and they are pretty good at maximizing the returns from individual arrangements.
almost all acceptance of terms come with a NDA.
Nebari had ages to do the DD, i suspect they thought that if they held out long enough AHQ would be in a weaker position.

i'm happy with equity, there wont be any covenants and means they can start paying out earlier, and if they are really worried buybacks are possible.

3-4 cargo's before oct/nov sounds good